Story Protocol 与牛津大学合作推进人工智能代理通信

Abraxas Capital has withdrawn 138,511 ETH, worth $297 million, from centralized exchanges over the past two days. According to data from Lookonchain, the London-based asset management firm’s activity coincides with a sharp surge in Ethereum’s (ETH) price, which jumped over 20% in the past 24 hours to reach $2,371 before settling near $2,295. The size and timing of this withdrawal suggests a shift toward long-term custody and reduced intention to sell. Such moves are often interpreted as bullish signals, as they decrease immediate market supply and reflect confidence in further price appreciation. Abraxas Capital’s large-scale transfer is drawing attention amid a broader wave of accumulation. While the firm withdrew 61,401 ETH over two days, the total figure across multiple transactions reached 138,511 ETH, according to onchain data. You might also like:Celsius founder Alex Mashinsky sentenced for 12 years in prison for stealing $48M Ethereum futures and volume The withdrawals occurred as Ethereum saw a 20% rise in futures open interest and a 184% jump in trading volume, per Coinglass. At the same time, over $265 million in short positions were liquidated, accelerating the price move. Though ETH has gained 54% in the last month, it remains down 26% for the year. However, analysts at CryptoQuant point out that Ethereum is now at its most undervalued level relative to Bitcoin since 2019, based on the ETH/BTC MVRV ratio. Abraxas Capital’s operations highlight the increasing involvement of institutions in the Ethereum markets. Established by Fabio Frontini in 2002 with the aim of creating a top-tier asset management firm, Abraxas Capital Management has focused on digital assets since 2017, quickly rising to become a global leader in the field. You might also like:Bitcoin breaks $100k as Trump’s UK deal spurs cloud mining boom on Rich Miner

With Bitcoin hovering around $104,000, PlanB is already mapping a path to $400,000, though some see more fiction than forecast. Bitcoin’s (BTC) recent rally to $104,000 has put bulls back in the driver’s seat. At least that’s the takeaway from PlanB, the pseudonymous analyst behind the Stock-to-Flow model. In a new video, he outlines why the party might just be getting started — and how the next stop could be $400,000. PlanB pointed out that the market ended up staging a V-shaped recovery after all. Back in late March, Bitcoin was around $82,000. By the end of April, it had jumped to $94,000, and as of press time, it’s sitting at $104,000. To him, that wasn’t just a rebound, and it looked like a clear sign the bull market was back. He’s sticking with his long-term model. The S2F average for the 2024-2028 halving cycle is $500,000. That number may sound far-fetched, especially today, but PlanB isn’t fazed, as he’s saying the market is only “one year into the cycle, with three years to go.” Why so bullish A big piece of the puzzle is Bitcoin’s relative scarcity.As PlanB reminds, Bitcoin is “twice as scarce as gold,” noting, though, that gold is “worth ten times more.”That, to him, screams undervaluation. The chart that gives him confidence? His market cycle model. Created in 2022, it showed no “yellow” distribution signal when Bitcoin was at $82,000, a phase that usually precedes a bear market. Instead, the red signals he saw suggested bull continuation, calling it a “very weird, long, flat bull market.” Bitcoin’s RSI | Source: PlanB The analyst also referred to RSI, or Relative Strength Index, saying that right now, the metric is at 66, which is above average and rising. “I think we’ll see 80+ RSI months again — at least four of them — just like in the bull markets of 2021, 2020, 2017, and 2013. […] If we’re at an average price of $100,000 now… that would already bring us into the $400,000 area.” PlanB Some agree, with caveats Vugar Usi Zade, COO at Bitget, noted in an interview with crypto.news that PlanB’s $400,000 Bitcoin forecast leans on two pillars: a multi-year “four-phase” cycle and the S2F framework. He admitted that the timeline matches prior post-halving cycles, saying the market now sits “near month 12-15 of the current cycle — early but not alarmingly so.” “PlanB’s $400k Bitcoin forecast leans on two pillars: a multi-year ‘four-phase’ cycle and the S2F framework. The timeline aligns with past patterns, but macro and market-structure changes inject far more uncertainty than in 2013 or 2017.” Usi Zade But this time, it’s not just retail and hype. There’s institutional capital, structured derivatives, and macro risks to consider. “Unlike prior cycles, institutional adoption, regulated derivatives, and on-chain analytics now smoothen volatility and may extend cycles rather than compress them. But it’s important to consider that we face potential Fed rate pivots and geopolitical flare-ups. Such tail risks can abruptly truncate cycles. Also, a greater correlation to equities means Bitcoin may no longer behave as a stand-alone ‘digital gold’ store of value. Cycle timing can blur when broader risk assets sell off.” Usi Zade He also points out the move to $104,000 may not be entirely organic as April’s cooler inflation and dovish Fed tones triggered a broad “risk-on” rebound. According to Usi Zade, much of the move to $104,000 “could simply reflect short-covering and equity correlation.” That makes the $110,000-$115,000 level critical as a failure there could see “rapid retracement toward $88,000-$92,000,” Usi Zade suggests. As for the $400,000 target, the Bitget COO is even more cautious. He explains that while halving events do cut new supply and S2F did line up with prices in the past, the 2021 bull market broke the model’s predictive streak. “So, S2F retains some heuristic value but no longer commands unqualified trust. Treat its $400k figure as a broad ‘upper-bound scenario’ rather than a hard forecast.” Usi Zade Usi Zade told crypto news that the $400,000 S2F target now sits more as an “aspirational upper bound” than a high-confidence price projection. ‘Everybody’s in profit’ Another bullish signal for PlanB: rising realized prices. The 5-month realized price for short-term buyers is $92,000 now, and Bitcoin sits above this level. “That’s how we want to see it. That’s also a sign of a bull market. Everybody’s in profit. There’s not much pain in the market. We’ll see what that brings.” PlanB You might also like:Bitcoin Stock-to-Flow model creator PlanB slams Ethereum, calls it ‘premined shitcoin’ Even the 200-week moving average — a key long-term support — is ticking up. As of press time, it’s at around $47,000. For context: in previous cycles, this average marked the bottom. But now, PlanB sees the growing gap between that and price as more fuel for a bullish thesis. Bitcoin’s 200WMA | Source: Coinglass Tracy Jin, COO of MEXC, agrees with PlanB on the mechanics, though isn’t convinced by the pace. Yes, Bitcoin can post huge monthly gains, but “not without significant retail participation fueling the rallies.” Right now, she points out, that retail frenzy hasn’t shown up. “PlanB’s $400,000 projection aligns with historical patterns of exponential price moves during past bull markets. Still, this should not give investors the reason to treat such models as directional tools instead of precise forecasts. A better strategy is to have a diversified view, balancing on-chain data with macro trends, sentiment analysis, and risk management.” Tracy Jin The MEXC COO pointed out that although 40% monthly returns are possible, maintaining that level of momentum without widespread retail enthusiasm is unlikely. Jin calls today’s market “in transition,” explaining further that it’s “not fully bearish, but not yet in a full-fledged retail-driven rally.” Institutional players are definitely here, she says, adding that regulations have become tighter. “While 40% monthly returns are not impossible, sustaining that level of momentum without broad retail euphoria is unlikely. Such aggressive moves would now require favorable macro conditions, institutional flows, and a strong narrative to drive market-wide conviction.” Tracy Jin ‘Positive sign for altcoins’ Analysts at crypto payment gateway B2BinPay echoed some of the optimism but stressed caution. In a commentary for crypto.news, they noted that if Bitcoin starts moving below the $93,000 level and consolidates there, the market is “unlikely to see a quick move toward a new ATH.” “Instead, the price may pull back into the $88,000-$86,000 range. However, if Bitcoin shows strength from here, breaks above its ATH, and manages to stay above it, we could start looking at the next target zones — anywhere between $124,000 and $134,000.” B2BinPay Addressing Bitcoin dominance, the analysts say they consider it as a “very positive sign for altcoins,” adding that on the daily chart, “we can clearly see a break of the uptrend line that had held since Dec. 3, 2024, through May 9, 2025.” “That said, dominance is still at a relatively high level, and there’s a lot of liquidity built up below, most of it is compressed. And compressed liquidity tends to be released quickly. So, there’s a good chance we’ll see a fast move down to around 54% dominance, possibly sooner than expected. If that happens, altcoins might surprise us in a big way.” B2BinPay PlanB himself admits that some models “are wrong, some are useful,” but today’s market is clearly driven by more than just charts and halvings. Central banks, global politics, and crypto’s correlation with broader markets all play a role. Keeping that in view, B2BinPay analysts aren’t expecting a sudden surge in volatility in the short-term as summer approaches, noting that “summer tends to be a quiet season in the crypto market.” Read more:PlanB transfers Bitcoin to ETFs, prefers ‘peace of mind’

在特朗普支持比特币储备提案后，每周流入加密 ETF 产品的资金达到 19 亿美元。 CoinShares 在 1 月 27 日的研究报告中透露，上周有近 20 亿美元流入加密投资产品，使今年迄今为止的流入额达到 48 亿美元。 比特币 (BTC) 继续占据主导地位，上周流入 16 亿美元，占总流入量的 92%。今年迄今，它已吸引了 44 亿美元的投资。CoinShares 指出，空头比特币 ETF 也流入了 510 万美元，并补充说，这笔资金流入可能是来自交易员，他们正在为比特币近期飙升后可能出现的市场回调做准备。 加密货币 ETF 的每周流入量 | 资料来源：CoinShares 数据显示，美国以 17 亿美元的流入位居榜首。加拿大流入 3,100 万美元，而瑞士和德国分别流入 3,500 万美元和 2,300 万美元。 以太坊 (ETH) 在经历了艰难的开局后反弹，流入资金达 2.05 亿美元。XRP (XRP) 流入 1850 万美元，在上周创下历史新高后保持了势头。至于较小的山寨币，Solana (SOL) 流入 690 万美元，Chainlink (LINK) 流入 660 万美元，Polkadot (DOT) 流入 260 万美元。CoinShares 研究主管 James Butterfill 指出了一个令人惊讶的转折，因为“上周没有数字资产投资产品出现资金流出。” 你可能还喜欢：专家称现货比特币 ETF 正在“悄然火爆” 就在资金流入激增之前不久，中心化交易所的交易量飙升至 250 亿美元，占可信加密货币交易所交易量的 37%。巴特菲尔将最新进展描述为近年来最重要的一周，推动力是人们对比特币作为战略储备资产的潜力感到兴奋。 关于比特币作为储备资产的采用速度如何，仍然存在争议。1 月底，Riot Platforms 副总裁 Pierre Rochard 指责 Ripple 领导了一场反对战略比特币储备的大规模游说活动，声称该公司花费了数百万美元试图阻止它。 Rochard 认为，Ripple 将继续捍卫其基于 XRP 的叙述，并推动国家支持的数字货币。他还指出，Ripple 此前曾瞄准拜登政府的比特币挖矿。不过，Ripple 首席执行官 Brad Garlinghouse 很快作出回应，称该公司的努力与拜登政府的更广泛目标一致。 阅读更多：随着 LTC ETF 批准几率上升，莱特币价格上涨

继 2023 年亏损 5000 万美元之后，区块链游戏开发商 Immutable 声称其 2024 年的业绩已经反弹，收入超过 1.1 亿美元。 据《澳大利亚金融评论报》援引该公司最近的文件报道，区块链游戏开发商 Immutable 以《Gods Unchained》和《Guild of Guardians》等游戏而闻名，在报告 2023 年亏损 5000 万美元后，其业绩有所改善。 Immutable 2023 年的财务业绩显示亏损巨大，该公司将此归咎于艰难的加密市场、全球监管和高昂的营销成本。不过，这家区块链游戏开发商对其未来仍持乐观态度。 该公司发言人在《澳大利亚金融评论报》的评论中表示，Immutable 现在的表现要好得多，并补充说，该公司 2024 财年的收入已经超过 1.1 亿美元，比上一年增长了 50%。 You might also like:Immutable announces strategic partnership with Altura 在 Immutable 推出与 Polygon Labs 合作开发的自有第 2 层网络 Immutable zkEVM 后，收入激增。Immutable 还投资了 web3 游戏领域，推出了 1 亿美元的基金来支持游戏开发者。 2022 年 3 月，Immutable 在由新加坡国有投资公司淡马锡牵头的 C 轮融资中筹集了 2 亿美元，估值达到 25 亿美元。参与此次融资的其他投资者包括 Mirae Asset、ParaFi Capital、Declaration Partners 和腾讯控股。 2025 年 2 月下旬，Immutable 联合创始人 Robbie Ferguson 分享称，几家估值超过 10 亿美元的游戏公司似乎愿意发行代币。与此同时，链上游戏活动激增。根据 DappRadar 于 2 月 13 日发布的游戏报告，2025 年 1 月，区块链游戏的每日独立活跃钱包数量超过 700 万，比去年同期增长了 386%。 阅读更多：Immutable 因 2021 年 IMX 代币销售收到 SEC Wells 通知

Crypto Quant 首席执行官 Ki Young Ju 表示，在特朗普宣布美国加密储备正在进行中后，加密市场正在变成“美国的武器”。 在最近的一篇文章中，Ju 分析了特朗普在真相终端上发布的最新声明，该声明推动了美国加密储备中主要代币的上涨。 在特朗普分享关于国家加密货币储备的初始帖子（仅提到 XRP (XRP)、Solana (SOL) 和 Cardano (ADA)）两小时后，他首次注意到特朗普提到了比特币 (BTC) 和以太坊 (ETH)。 “我可以这样解读他的推文吗？BTC 和 ETH，请向我展示你们对我和美国的战略价值。我刚刚与 XRP、SOL 和 ADA 达成了交易，”Ju 写道。 这篇帖子之后，CryptoQuant 首席执行官在另一篇帖子中表示，加密货币市场“日益成为美国的武器”。他指出，自特朗普当选总统以来，加密货币不再被视为“非法”的东西，因为它现在有利于特朗普和美国的国家利益。 加密货币市场越来越成为美国的武器。自特朗普当选以来，普遍的道德标准已经下降。现在，如果某件事对特朗普有利并符合美国国家利益，它就不再被视为非法。尽管在没有……的情况下开放了市场https://t.co/kBQLOywPHe— Ki Young Ju (@ki_young_ju) 2025 年 3 月 3 日 “最终，‘服务于美国国家利益的货币’可能会对除美国以外的所有国家不利。这似乎是一种主宰加密货币市场并吸收外国资本的策略，”Ju 说道。 由于这种新模式，Ju 表示，特朗普认可加密货币并将其整合成一种工具以使美国成为“世界加密之都”的方式可能会对比特币和以太坊构成威胁。 你可能还喜欢：卡尔达诺被列入特朗普加密战略储备计划后上涨逾 75% Ju 认为，美国正在推动的议程可能对这两种最大的加密货币“不利”，因为 BTC 和 ETH 致力于分散金融体系并成为公共利益的工具，而不是为特定利益相关者或国家谋福利的东西。 他总结道：“从特朗普最近的帖子来看，比特币和以太坊似乎被标记为‘既不是朋友也不是敌人’。” Though in a separate post, Ju clarified that he did not intend to “judge” the U.S. Instead, he said his analysis came from a feeling of “admiration, [I’m] amazed that a country can move this swiftly.” 特朗普的加密货币储备声明在加密货币领域掀起了波澜，推动加密货币市场价值达到 3000 亿美元。声明发布后不久，比特币飙升 8%，终于从低迷中恢复过来，突破了 93,000 美元。 与此同时，以太坊上涨了 11%。该声明还引发了 Cardano 的大幅上涨，最高涨幅达到 75%。 阅读更多：卡尔达诺被列入特朗普加密战略储备计划后上涨逾 75%